Kelvin Peter Msangi is a Tanzanian finance and economics researcher known for data-driven analysis on fiscal policy, markets, and economic reform. His work has been featured in leading publications across East Africa and other regions.
Mozambique
CTA’s plan could compress XS2051203862 yields while MZN=X stability and EMB risk appetite improve on credible transparency gains; track policy rate 9.75%, inflation near 5%, and reserves around $3.7B through 2026.
Tanzania
Tanzania’s TZS462b grain tender integrates fiscal policy with trade as USD/TZS=X steadies and CBOT wheat (ZW=F) slides 12%; success depends on ≥90% delivery, >85% storage use, and $200–250m export receipts by 2026.
Kenya
NCBA (NSE:NCBA) hits record highs on merger speculation with Stanbic (NSE:SBIC), lifting valuation to KSh124B as KES=X steadies and KE10Y=RR yields ease; investors test if ≥5% cost synergies and stable NPL ratios can sustain Kenya’s banking sector re-rating.
Côte d’Ivoire
AXIAN invests USD 58 million in Côte d’Ivoire’s solar grid expansion as CL=F volatility drives fuel-cost savings; Eurobond 2032 yields steady near 6.5% while EMB reflects tightening frontier spreads amid accelerating private renewable capital inflows.
Nigeria
Lagos’s ₦874bn debt highlights Nigeria’s fiscal divide as ₦4.43trn FAAC flows sustain states, USDNGN=X steadies near ₦1,460 and NGGB10Y yields 17%, while EMB and AFK track frontier risk and CL=F, BZ=F shape oil-linked revenue exposure.
Zambia
Zambia’s presumptive approvals speed energy investment as Eurobond yields (ZAM10Y) hover near 9.8% and kwacha (ZMW=X) stabilizes at ₭26.5; commissioning 600 MW by 2027 could lift GDP by 1 ppt and compress spreads sustainably.
Egypt
Egypt positions 2026 as a structural pivot, targeting growth through Suez Canal recovery, export expansion, and fiscal restraint; EGP=X stability, EMB spreads, and 10Y yields will test if reforms deliver durable gains amid CL=F and ^TNX volatility.
Togo
Togo’s programme budgeting tightens fiscal control as BCEAO holds easier settings; credible delivery could compress auction yields despite pressures from BZ=F and ^TNX while EM beta via EMB remains supportive for risk pricing.
Botswana
Botswana’s 300 MW baseload move tightens macro resilience as reserves hover near $3.53bn and the policy rate stays at 1.90%; sponsor leverage extends via NSE:JINDALSTEL while regional FX risk tracks ZAR=X through SAPP-linked terms-of-trade shocks.
Morocco
Safran (EPA:SAF) complex anchors Morocco’s aerospace upgrade; spillovers to Airbus (EPA:AIR) and Boeing (NYSE:BA) deepen exports, while FDI above 3% of GDP and low CPI sustain eurobond spread compression through 2028.
Nigeria
Nigeria issues ₦4trn bonds to settle GenCo arrears; USDNGN=X stability and EMB spreads will gauge whether liquidity lifts dispatch sustainably or shifts risk onto the sovereign curve as CL=F volatility and local yields drive refinancing pressure.
Cameroon
Cameroon’s Coeur de Ville codifies capex continuity as EMB gauges frontier credit appetite and AFK tracks Africa equity flows, while XAF=X and oil benchmarks CL=F and BZ=F shape imported input costs and funding spreads into 2027.